Treasury Services business

J.P. Morgan cleared more than $5.05 trillion USD in a single day

November 25, 2008 - 1:14pm | Banks and internet banks | News
J.P. Morgan cleared more than $5.05 trillion USD in a single day

According to the recently issued press release J.P. Morgan’s Treasury Services business, a full-service provider of cash management, trade finance and treasury solutions, announced that it has broken its U.S. dollar value record in September and October, highlighted by a single-day clearing record. Over the last two months, the firm has seen an increase in clearing values, including the clearing of a maximum value of $5.05 trillion in a single day.


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